ACTIVE

Hyler

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Financial year 2025 · closed on 31/08/2025
Net result
738,3 k €
-53.0% YoY
Gross margin
3,6 M €
+23.9% YoY
Equity
3 M €
+28.3% YoY
Workforce
8,8 ETP

What does Hyler do?

Hyler is a Private limited company incorporated in 2016. Its main activity is: Manufacture of agricultural and forestry machinery. Its registered office is in Tielt. It employs on average 8,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0667.953.282
Incorporation
21/12/2016
Legal form
Private limited company
Registered office
Oude Gentstraat 28A
8760 Tielt · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/08/2025
Average workforce
8,8 ETP
Activities (NACE)
28300Manufacture of agricultural and forestry machinery· main28300Manufacture of agricultural and forestry machinery28420Manufacture of metal forming machinery and machine tools28490Manufacture of other machine tools01610Support activities for crop production01610Support activities for crop production+10
Contacts
4 public details availableLog in to view
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120192018
Income statement
Gross margin3,6 M €2,9 M €945,7 k €722,3 k €449,4 k €77 k €189,5 k €
EBITDA2,1 M €2,1 M €440,9 k €386,5 k €204,3 k €75,4 k €186,1 k €
Operating result1,1 M €1,4 M €61,8 k €128 k €-82,6 k €-21,8 k €87,3 k €
Net result738,3 k €1,6 M €138,4 k €237,7 k €19 k €13,1 k €99 k €
Balance sheet
Equity3 M €2,3 M €833,7 k €816 k €700,6 k €397,9 k €422,6 k €
Total assets13,1 M €7,3 M €5,4 M €3,6 M €2 M €484,4 k €540,9 k €
Cash1,9 M €1,5 M €393,8 k €104,2 k €464,5 k €36,9 k €93,3 k €
Debts10,1 M €5 M €4,6 M €2,8 M €1,3 M €86,5 k €118,3 k €
Other
Workforce8,8 ETP0,0 ETP10,9 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 1 active · 2 ended

Active mandates

Niels Baert

Director · since 20 décembre 2016

Active

Ended mandates

Niels BAERT

Director · since 21 décembre 2016

Ended
Niels BAERT

Manager · since 21 décembre 2016

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212019
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/10/201901/10/2018
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202130/09/2019
Length of the financial year12 months12 months12 months12 months23 months12 months
Filing date31/03/202628/03/202518/03/202428/03/202328/02/202214/05/2020
General meeting14/03/202628/02/202517/02/202411/03/202319/02/202214/03/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/08/202514/03/202631/03/2026DutchPDF
Abridged model31/08/202428/02/202528/03/2025DutchPDF
Abridged model31/08/202317/02/202418/03/2024DutchPDF
Micro model31/08/202211/03/202328/03/2023DutchPDF
Micro model31/08/202119/02/202228/02/2022DutchPDF
Micro model30/09/201914/03/202014/05/2020DutchPDF
Micro model30/09/201830/03/201930/04/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/08/2025 · 1 active · 2 ended

Active mandates

Niels Baert

Director · since 20 décembre 2016

Active

Ended mandates

Niels BAERT

Director · since 21 décembre 2016

Ended
Niels BAERT

Manager · since 21 décembre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/09/2026
    Benoemingen
    PDF
  • Registered office06/03/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other17/01/2023
    DIVERSEN
    PDF
  • Registered office28/10/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office29/12/2017
    BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other23/12/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025738,3 k €↓
  2. 2024
    Annual accounts 20241,6 M €↑
  3. 2023
    Annual accounts 2023138,4 k €↓
  4. 2022
    Annual accounts 2022237,7 k €↑
  5. 2021
    Annual accounts 202119 k €↑
  6. 2019
    Annual accounts 201913,1 k €↓
  7. 2018
    Annual accounts 201899 k €
  8. 21/12/2016
    IncorporationPrivate limited company